ResearchMoz

2020 Foresight Report: Operational Efficiency in Non-Life Claims

Timetric
Published Date » 2013-09-13
No. Of Pages » 50
   
  Synopsis  
   
 
 
 The report provides information and insights into the key technologies driving operational efficiencies in claims handling processes in the non-life insurance segment across the world. It also provides an in-depth analysis of the role that some of the key regulations across the world are playing in improving claims management operations. The report provides 
 Intensive analysis of the key technologies playing a pivotal role in enhancing the operational efficiencies in non-life claims in terms of reducing claims resolution time, claims handling expenses and increased identification of fraud 
 Comprehensive picture of the key trends, drivers and challenges related to the above technological trends and case studies illustrating the impact of these...
Table of contents

1 Executive Summary

2 Global Snapshot
2.1 Analysis of Key Performance Indicators
2.2 Key Trends and Drivers

3 Functional and Operational Impact of Regulations on Non-Life Claims
3.1 Patient Protection and Affordable Care Act
3.2 Solvency II
3.3 Regulations Propelling the Adoption of Usage-Based Insurance

4 Technology Trends in Non-Life Claims
4.1 Integrated Claims Management Systems
4.1.1 Introduction
4.1.2 Trends, drivers and challenges
4.1.3 Implementation strategies
4.2 Predictive Analytics
4.2.1 Introduction
4.2.2 Trends and drivers
4.2.3 Implementation strategies
4.3 Claims Document and Content Management Systems
4.3.1 Introduction
4.3.2 Trends and drivers
4.3.3 Implementation strategies
4.4 Mobile Solutions
4.4.1 Introduction
4.4.2 Trends, drivers and challenges
4.4.3 Implementation strategies
4.5 Straight-Through Processing
4.5.1 Introduction
4.5.2 Trends, drivers and challenges
4.5.3 Implementation strategies
4.6 Telematics
4.6.1 Introduction
4.6.2 Trends, drivers and challenges
4.6.3 Implementation strategies

5 Market Dynamics Related to Economic Risk

6 Appendix
6.1 Methodology
6.2 Contact Timetric
6.3 About Timetric
6.4 Timetric’s Services
6.5 Disclaimer

List of Tables


Table 1: Claims Ratios Registered in Key Non-Life Insurance Markets in 2008 and 2012
Table 2: Non-Life Insurers’ Claims Function – Key Trends and Drivers

List of Figures


Figure 1: ICMSs – Trends, Drivers and Implications
Figure 2: Predictive Analytics – Trends, Drivers and Implications
Figure 3: Santam’s Deployment of Predictive Analytics to Fight Fraudulent Claims
Figure 4: Discovery’s Deployment of Analytics Infrastructure to Speed Up Data Processing
Figure 5: Claims Document and Content Management Tools – Trends, Drivers and Implications
Figure 6: Support Provided by Mobile Solutions in the Event of a Car Accident
Figure 7: Mobile Solutions – Trends, Drivers and Implications
Figure 8: ICICI Lombard’s Empowering its Motor Insurance Customers with a Mobile Application
Figure 9: Aetna’s Deployment of Mobile Application to Enable Faster Refunds
Figure 10: STP – Trends, Drivers and Implications
Figure 11: Telematics – Trends, Drivers and Implications

Upcoming Reports:

Immunoglobulin Products Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019
By - Transparency Market Research
Immunoglobulin’s also called as antibodies are large Y-shaped protein produced by B-cell.  These are the glycoprotein molecule produced by plasma cells in response to entry of foreign entity such as bacteria and viruses in the body. Production of antibodies is an important function of immune system. Antibodies use binding mechanism for neutralizing the activity of a foreign particle called as an antigen. These are made up of basic structural unit’s namely heavy chains and light chains.  In mammals five different types of antibodies (IgA, IgD, IgE, IgG and...
Bio-Based Butanol Market - Global Industry Analysis, Size, Share, Growth, Trends And Forecast, 2013 - 2019
By - Transparency Market Research
Butanol consists of a longer hydrocarbon chain which helps it to exhibit non-polar properties to some extent. Butanol offers similar characteristics to that of gasoline than that compared to the ethanol. Butanol is mainly used as an internal combustion for engines. Butanol is a four link hydrocarbon chain that is produced from biomass as bio-butanol or from the fossil fuel as petrobutanol. Bio-butanol and petrobutanol are known to have same chemical properties. Butanol is known for its less tolerance against water contamination and hence, is extremely less corrosive than ethanol and thus,...
Poland: fixed capacitors market
By - Williams and Marshal Strategy
and, to present actual and retrospective information about the volumes and dynamics of production, imports, exports and consumption, the characteristics of the market for the period 2008-2012 and to build a forecast for the market development until 2018. In the same way, the report presents an elaborate overview of the main market participants, the price fluctuations, the growth and demand drivers of the market and the factors, influencing its development. Last but not least, the report presents a general overview of the economy of Poland in 2008-2012 and a forecast for its development in...

Research Assistance

We will be happy to help you find what you need.
Please call us or write us:

866-997-4948 (Us-Canada Toll Free)
Tel: +1-518-618-1030
Email: sales@researchmoz.us
Select License type:

Share this report

Related News

Pepsi Limon, A Brand New Addition to the Pepsi Portfolio
May 22, 2015  
To add a new dose of excitement to its cola offering, Pepsi has come up with the all new Pepsi Limon. This is a new flavored cola, which according to the company is manufactured with just the appropriate amount of real lime juice. The idea for the drink was inspired from the escalating preference of the Hispanic consumers. To satisfy the taste urges of the consumers, the new Pepsi Limon will...
India’s Auto Exports Register Record High Figures in 2014-15
May 21, 2015  
In the fiscal year 2014-15, Indian factories exported a record number of 3.5 million vehicles, which is 15% higher than what they managed a year back. However, domestic sales rose by only 5% since last financial year, with 2.6 million units being sold.  Exports of utility vehicles, commercial vehicles, cars and two- wheelers have increased every year since 2000. But domestic car...
Turkey’s Labor Dispute Affects Ford’s Production
May 21, 2015  
With the ongoing labor dispute in Turkey, Ford’s Turkish manufacturing facility has been hit. Ford Otosan, a joint venture between the company and Turkey’s Koc Holding, mentioned that due to supply problems, production has been temporary stalled at its plants located at Yenikoy and Golcuk in northwestern part of the country. Earlier this week, production at Tofas and Oyak Renault,...
International Automakers Slashing Prices in China
May 21, 2015  
With a slowing Chinese economy, the international automakers are cutting prices of vehicles to be sold in the nation. This has hit the profit margins of the automakers who are struggling with a slowdown in demand.  Last week saw Ford Motor Co. and General Motors slashing their prices on Chinese models. It closely follows rival Volkswagen AG’s move last month to offer...
Century Old Vancouver Sheet Metal Enterprise Shutters
May 21, 2015  
A Vancouver based metal works business in operation for almost 100 years, known for custom metal works shuttered this week.  The business known as Main Sheet Metal Works, a fabrication shop for sheet-metal on Main Street which is wedged between Pacific Central Station and Chinatown has existed for more than ninety years.  As commented by a third generation member of...